Morning Oregonian., April 06, 1908, Page 8, Image 8

TTTF MORNING OREGOXIAX. MONDAY, . ATRtL 6, 190S.
E
Oregon Trust Depositors Say
Terms of Merger Have
Not Been Kept.
DAY AND RICHMOND SPEAK
Aor-nsntinn Denied by President
Reed, Who Reports That Bank
Has Paid $1,200.0(10 In Ac- .
counts Since Reorganization.
In charar(s that were preferred before
the Depositors' Association at a meeting
hi the Belling-Htrsch building yesterday
afternoon by John Day, president of the
association, the officers of the German
American Bank were accused of fail
ing to keep faith with the depositors in
the defunct Oregon Trust & Savings
Bank according to the agreement by
which that institution was absorbed by
the German-American Bank. Failure to
deliver telephone bonds to depositors in
the dcmonlnations for which .they had
been subscribed and discrimination by
the German-American Bank in effecting
setlements with depositors were the spe
cific charges made by President Day.
The same accusations were iterated
by J. H. Richmond, secretary of the De
positors Association, who charged
further that Thomas C. Devlin, receiver
if the wrecked Oregon Trust & Savings
Bank, was indirectly profiting through
the "scalping of the accounts of de
positors by his former partner, Walter
F. White. Nearly 100 depositors attended
the meeting of the association and voted
to continue the organization. Another
meeting will be held in the same h,all
next Sunday afternoon, when the griev
ances presented yesterday will be in
quired into further.
Small Attendance at Meeting.
Owing to a confusion of dates in adver
tising the meetipg yesterday's conference
was not largely attended, and two efforts
to adjourn the meeting until next Sun
day afternoon were defeated. A number
of the depositors insisted on knowing
for what purpose they had been called
together and insisted on discussing with
out further delay anything that was to
be brought before the association.
'Many of the depositors apparently
have been settled with and ar sat
isfied," said Mr. Day, president of the
association, in explainlngthe purpose for
which the meeting had been called, "but
many of you have not been able to get
a settlement. In the first place you sub
set ibed for telephone bonds, not a trus
tee's certificate for the bond. Further
more, these certificates provide that the
bond may be redeemed by the bank 'at
any time by recalling the certificate and
paying the face of the bond, together
with accrued interest. But there is no
provision made insuring you the posses
sion of your stock in the telephone com
pany which is given as a bonus for each
bond subscription.
"I have also learned from a reliable
source that it Is the intention to have
the receiver discharged in about six
months. The proposed discharge of the
receiver in six months means that the
depositors will lose the protection of the
appointment of that official together with
his bond for S200.000. It does not appear
to be the purpose of the bank to liquidate
the claims of depositors before the two
years allowed them by the court have
elapsed. Our organization should be
maintained and the tlischarge of the re
ceiver not permitted until the claims
of all depositors have been settled in full,
if the full two years are required.
Charge of Discrimination.
"Discrimination has also been prac
ticed by the bank officials in dealing with
depositors. Many of them have been
paid their balances In excess of their
bond subscriptions, while others have
been unable to get more than ST0. This
Is not In keeping with the understanding
I had with Louis J. Wilde when the re
organization of the Oregon Trust & Sav
ings Bank was first proposed. He then
assured me. and 1 so advised other de
positors who were interested in the plan
of reorganization, that on condition the
depositors subscribed for bonds and stock
to a certain amount there would be suf
ficient cash in the bank when it opened
to place the balance of their accounts
subject to check.
"These are a few of the things de
positors have been complaining to me
about, and I considered that the time had
arrived for presenting the situation for
the consideration of the association."
Secretary Richmond followed in a more
spirited address in which he openly
charged the officials of the German
American Bank with not keeping faith
with the former depositors of the Ore
con Trust & Savines Bank He accused
Receiver Devlin, of the defunct institu
tion, with profiting through the operations
of his business partner, Walter F. White,
who.l It was alleged, was taking ad
vantage of the smaller depositors in the
wrecked bank and who had to realize on
their accounts, by discounting them for
about $0 cents on the dollar.
This merger plan.' said Mr. Richmond,
"was hatched at a meeting of the De
positors' Association that was called in
the Armory by Mr. Clement at the be
hest of Mr. Wilde. The great majority
of you depositors at that meeting had
nothing to, say but you were compelled
to swallow a resolution that you did not
understand and did not have time to
study and consider. We said nothing and
submitted Jo the proposition. The pro
posed merger was formed. It was agreed
by the bank immediately to pay all
tiaims of $100 and less. The aggregate
of deposits not exceedlngs - was $22,
ano and of that not more than one-half
has been paid since the new bank began
business. Accounts ranging from J26 to
JiO aggregated R."00 and not more than
in per cent of these claims have been
paid, so It will be seen that not more
than WVOP actually has been paid out
to date, although when the bank opened
it had cash on hand to the amount of
jawcoo
Object to Trustee's Certificates.
Mr. Richmond charged further that the
bank officials were demanding that de
positors take bonds in double the amount
they had subscribed and that Instead of
delivering the bonds, the bank was simply
issuing a trustee's certificate, which, he
declared, was worthless as negotiable
paper. He censured severely the officials
of the new bank for failing to deliver to
depositors the telephone bond in the de
nominations for which they had sub
scribed. "The principal method of gathering rev
enue for the bank as it is now con
ducted." continued Mr. Richmond, "is
by the process of scalping. One old sol
dier, whose account amounted to J75. had
subscribed for bonds to the amount of
rsoo. He called at the bank and explained
to Receiver Devlin that he needed the
balance of J1T5 for llvir.g expenses. He
was Informed that he could not get the
money Mr perhaps two years and was
sent by Mr. Devlin to the private sec
relaxr cf Mrs -Wde, "bo -offered tfie old
BAD FAITH
AGISTOFFICIALS
soldier SO cents on the dollar for his
claim. Wilde's agent subsequently in
creased his offer to 66 cents. And what
Is more. Mr. White, business partner of
Receiver Devlin, asked me one day to
advertise the fact among the depositors
that he was prepared to buy up all claims
against the bank that might be presented
at his office in the Chamber of Com
merce building, but I would not have any
thing, to do with the scheme, and told
him that I was not looking for a chance
to earn a dirty dollar.
"I know of another account of Jlonn
that was assigned1 to the same firm at
the rate of SO cents on the dollar. This
claim was assigned immediately to the
German-American Bank, which collected
lflno in cash from the assets of the Ore
gon Trust & Savings Bank, although only
l00 was paid for the claim. Where did
the other $200 go? It is an outrage that
the partner of the receiver or any one
else connected with the defunct bank or
the merged institution shojild be per
mitted to transact this sort of business
and profit at the expense of depositors
in the wrecked1 bank. Is there any com
mon honesty in this sort of thing? Tou
ask If we have any remedy. Of course
we have, and it should be the business
of this association immeditely to lake
such steps as will protect each and every
claimant until all accounts are settled."
Others Join in Discussion.
J. X. Davis admitted that he was a
member of the committee which reported
resolutions at the Armory mass meeting
of the depositors, when the merger or
the two banks was recommended. He
explained that the resolution proposing
the consolidation and prescribing the
terms by which the merger was to be
effected had been prearranged, and
having, the indorsement of Receiver Dev
lin, the members of the committee
promptly approved the scheme without
further Investigation.
W. W. Williams was of the opinion
that the persons complaining .had no one
to blame but themselves, the depositors
mass meeting having unanimously in
dorsed the very plan to the operaticfn
of which exception was now made. "I
consider the transaction one of the
smallest and most contemptible pieces of
high finance I have ever seen,'' said Mr.
Williams, "but we have given the bank
the authority to pay our claims at any
time within the next two years and that
is all there is to it. We have given the
bank terms to which objections are now
made and it is up to us to grin and
bear it. It is altogether optional with
the bank whom it pays among the de
positors or how much ft pays, so long as
the claims are settled within the two
years."
Frank Melvin advised against preferring
such serious charges against either Re
ceiver Devlin or the officials of the bank
until an investigation had been made and
a foundation established for making the
accusations. He suggested more diplo
macy among the depositors an less
activity in stirring up difficulties if a
satisfactory and expeditious adjustment
of the complicated affairs of the merged
bank was to be expected. Mr. Melvin de
fended Receiver Devlin and Insisted that
he was a man of high character whose
reputation could have been attacked as
it had been by the other speakers only
through a misunderstanding. Mr. Melvin
denied that Receiver Devlin was asso
ciated in business with White, having,
he said, dissolved the partnership at the
time he (Devlin) became receiver of the
bank.
Defends Bank's Action.
As evidence that the bank was adjust
ing its affairs .as rapidly as possible the
speaker called1 attention to the fact that
it had discharged Jl, 300,000 of its obliga
tions in money and bonds since the
merger. He said that the sole purpose in
giving the German-American Bank two
years' time was to enable the adjustment
of the affairs of the defunct bank on a
basis of a dollar for a dollar of all claims
of the depositors. He assured his fel
low depositors that they could be assured
that Circuit Judge Gantenbein would not
consent to the discharge of a receiver
of the affairs of the Oregon Trust &
Savings Bank until its affair- had been
entirely adjusted and all depositors paid.
F. J McHenry, W. A. Young and F.
W. Gardan also spoke, recommending
that the questions presented by Presi
dent Day and Secretary Richmond be
investigated thoroughly and the facts as
certained. Before the meeting adjourned. President
Day referred to the published charges
against him a few weeks ago In which
he was accused of proposing to defeat
the reorganization scheme for a money
consideration. In refutation of those
charges he read a signed statement from
W. H. Moore, certifying to the fact that
Mr. Day ha at all times been a faithful
and untiring worker in the interest of the
reorganization of the defunct bank, and
that he at no time Improperly or unlaw
fully asked for anything.
Statement of Mr. Reed.
"The efforts of Mr. Day and Mr. Rich
mond to create dissatisfaction among the
depositors at this time certainly seems
ill-advised." said S. G. Reed, president
of the German-American Bank, last
night. "It is unfair for them to repre
sent that the bank in any way ts trying
to evade its obligations, for such -is not
the case. Since February 12, when,, the
German-American Bank opened, we have
liquidated claims in excess of fl. 200,000.
including in cash an amount larger than
the amount in the hands of Receiver
Devlin when the German-American Bank
undertook the liquidation. We are com
plying witli every condition imposed by
the merger plan.
"Telephone bonds are not being de
livered in denominations of from J100 to
JtO to subscribing depositors for the
pie reason that the issue in those d.e-
atlntis has been exhausted. In
lieuTf the bonds we are issuing trustee's
certificates for the double purpose of
protecting the depositors and this asset
of the bank. As to discounting claims,
the German-American Bank Is not 'scalp
ing' a single account, neither is it acting
as the agent of any brokerage firm. We
are raying dollar for dollar just as
rapidly as we get the money to liquidate
and will continue that policy, having
agreed to pay dollar for dollar. As to
the telephone bonds, we have been urg
ing depositors to increase their subscrip
tions to these securities because we be
lieve these bonds are asgood as any of
the other assets of the bank. The man
who discourages the purchase of these
securities by depositors is working
against the Interests of all of the depos
itors. Pay and Richmond Paid.
'As to the mass meeting of the de
positors at the Armory, when the reso
lution was adopted recommending the
merger. I will say that I had that meet
ing called for the purpose of obtaining
an expression from the depositors. I
did not consider that Mr. Day and Mr.
Richmond were authorized to act for the
depositors and 1 wished to satisfy myself
of their wishes and at the same time
acquaint the Judge of the Circuit Court
with that same feeling.
"The principal discrimination in the
settlement of claims of ovipositors. I
fear, was shown Mr. Day and Mr. Rich
mond, both Of whom were paid their ac
counts in Mil during the first week that
the bank was opened for .business.
Neither of them accepted any bonds or
other assets of the bank, but re
ceived cash in full settlement of their
claims.
"Depositors are being paid off at the
rate of from 50 to 0 a day, Just as rapidly
as it Is possible for us to realize money
on the assets of the Oregon Trust &
Savings Bank. Only a few accounts of
JcO and less remain unsettled. There is
no Intention on the part of the bank to
ask for the discharge of Receiver Devlin
until the liquidation ts completed and the
bank is prepared to pay any unpaid claim
in cash." 1
Bed, Cross aoej a( Bosenjlial's. .
PAYS TRIBUTE TO
THE J
E
Bishop Scadding Tells What
Hebrews Have Done for
Modern Church.'
DEFENDS THE , PHARISEES
Followers of Judaism Hare Always
Kept( Foremost the Idea of God
and Hare Suffered With
Meekness, Says Pastor.
Bishop Charles Scadiiinp Inst night
preached the, lifth sermon in the course
on "Seeking: God, as Shown by the Six
Great Religions,' at St. Stephen's Pro
Cathedral. His subject was "Judaism
and his text, "Lo; the people shall dwell
alone, and shall not be reckoned among
the nation." He said in part:
Notwithstanding trie fHRpprjion of the Jews,
Botwithatandtn the difference between Ger
man Jove and Russian and Knffllsh Jew, not
withstanding all that haa happened to them
In alt placf'S and In evtrry age, there I one
characteristic common to all Jew; there is
one thing they have been In every (? and In
every land they have been witness for God.
This characteristic ts accounted for in the two
(Treat principles of Hebraism, namely the law
and the promise.
We Chrl?nans agree that the law has been
neither silenced, abrogated nor mabverted by
the coming of the Son of God. It rel char
acter ts vindicated. It has pns-Sfd inv the
Gospel. The Messianic promts-e of a righteous
King and an eternal kingdom ham always,
come forward to sustain the drooping spirit
of the Jew, Here U the point of departure
between the Jew and the Christian. The Jew
ailll looks for the fulfillment of -the promie.
Th Christian believes the promise has been
already fulfilled.
Four Periods of Judaism.
There are . four periods of Judaifmi which
stand, prominently forth. The Bible makes
us familiar with the first period under M-uwe-.
the law-giver. The second period Is that of
the Middle Ages. It Is identified with the
name of Moees. the n of llaimon, who was
bom In Cordova In 1135. He Is called Moses
Malmonldes.
Again in lT.V the whole aspect of Jewish
life was changed, especially among German
Jews, and this was wrought by a Mows.
Moses Mendelssohn, bfr the Introduction -pf a!I
that ts known a culture. Mendelssohn was
the great Jewish philosopher. He translated
the Pentateuch Into German. Jewlsh litera
ture and learning took on a new life. In
1S2 another Moses arose. He was Mosea
Montlflore, who became the advocate for the
oppressed Jews of all countries. He was the
greatest philanthropist of hie race. Possessed
of boundl-we wealth, he used It In charities of
all Winds. Today where will you find so much
generosity and liberality for charitable causes
as among the Jews? With regard to theae
four men called Moses, the Jews might well
have a sasing today, "From aloses to Moses
to Moses to Moses there arose no one like
Moses."
The Pharisee has served a purpose a a
horrible example in deterring- others from
following his narrowness, but his character
haa been often misrepresented and exagger
ated. On the other hand, the Padducee has
escaped much of the denunciation which he
richly deserves. Of the two parties In the
Jewish churcl our lord's position waa in
favor of the Pharisees, because they stood for
all that was good, noble and true In Jndalrn.
They preserved historic Judatem and preserved
with great fare the deposit pf faltb. From
the fall of Jerusalem to the present time there
have been no Sadducees. At the present time
In England and America tb-e Sadducee has re
appeared as the Reform ed.
Good Words for Pharisee.
' The Pharisee has kept the light of Judaism
burning during all theso centurie of religious
suffering. In the gloom of the Ghetto he
alone exiffts. He is narrow. It is true, but
he is sincere and devoted, and In his way,
by still adhering to every jot and tittle of
Scripture, bears witness to Christ. Trials,
martyrdom, persecution, poverty, social and
political ostracism cannot shaRe his faith. He
keeps the law regardless of the cost.
We have known him in the sweatshop en
during the hardest toil and poverty; we have
known him as a man of business, closing his
store on Saturday to his loss. We have known
him during the icarment workers' -strike to
suffer starvation, and see his children one by
one taken away by slcknew. and at last lose
his wife, and stilt remain firm to hie principle.
We have seen him. as each one was taken,
don him cap and praying shawl and chant
Great 1 my affliction. O I-ord God of Israel,
but thou knowe-st best, therefore I will bless
thee." The Pharisee stilt gives hi sons to
Chrlt, and when they accept the church they
are an ornament to her. They have given,
during the present age, the saintly and schol
arlv Episcopal Bishop Schereschewskl of
China, and- the learned and able priest, Alfred
Edersheim, D. D.
Personal Study of Jews.
For trree vears I lived in the heart of the
mot crowded" Polish Jew district In the world,
on the east side of lower New York-. I saw
that Jewish life come up tike k great tidal
wave arouna our St. George's Chapel. When
I remember Jesus was a Jew, St. Teter and
St Paul were Jews, my heart is aglow for
the rate Le vm try to be without prejnirlc-fw
There are Jews and Jew- and It is unfair,
vea. it is wicked, to judge the race by a
class with whom we may possibly be most
familiar. Just as unfair as It would he for
Jew who keeps the Sahbath to Judge Chris-
iaiti- hv those Christiana who make no true
observance of Sunday.
The Jews have iransmrcitMi iu u. i
spiritual memories. The Holy Volume was
written bv Inspired Jews, they are its pre
servers, and on this account we are their
debtors To no other nation do we owe mo
much What then should be uir disposition
M churchmen toward them? Surely the ex
pressions of ou-s Savior s love show us what
should be our conduct. The testimony of
many a Christian who has taken a deep in
terest In the Jew has been. "Since I have
done so. I have understood my Bible better.
I have loved k better." If we deire the
well-being of the world, if we desire the gory
of the Lord, we mut earnestly pray and dill
genttv labor to promote the highest good of
his ancient people. Pray for the peace of
Jerusalem.
DEVLIN DENIES CHARGES
jre-rer Profited by Biscounting
Claims Not White's Partner.
Any statement to the effect that I
have profited In any way by. the dis
counting of the claim of a single creditor
. . -u Trust & Savlruzs Bank is
an Infamous and a slanderous false
hood." declared Receiver Levun last
night. "I retired from my partnership
with Walter F. White when I became re
ceiver for the suspended bank and 1 have
had no business relations of any kind
with Mr. White since. My purpose In
withdrawing from the firm was to be
perfectlv free to attend to the duties of
the office to which I had been appointed
and to avoid all grounds for any charge
of havinsr anything to do with any of the
claims of the bank aside from my capa
citv as receiver. The charge of Mr. Rich,
mond that I am even Indirectly interested
with Mr. White is unqualifiedly falsp and
malicious." 1
"Mr. Devlin has not been a member of
the firm of Thomas C. Devlin Co.,
since he was appointed receiver of the
Oregon Trust & Pavings Bank." said
Walter F. White. Mr. Devlin's former
business associate, last nUrht. "When Mr.
Devlin was appointed receiver of the
suspended bank, he withdrew as a mem
ber of the firm and has since bad no rela
tions with It." "
More than 130.VMt.Ort" pounds ef tallow
are used very year In the manufacture of
.I. ..h.-T-nl-d Klt
EWISH
UNPRECEDENTED SALE OF
Canned Fruits and
Vegetables
Beginning April 1, we inaugurated an extraordi
nar clearance sale of the following high-grade
Canned Goods. Positive reductions of from 25 to 50
cents per dozen off the regular retail price. The
stock comprises the best brands in this market.
Early selection advised.
Corn on cob. Preferred Stock, per dozen 9ff.no
Kxtra fancy corn, Country Gentleman, per do-sen 1.23
Extra standard corn. Solid Pack, per dozen so
Asparagus, Preferred Stock, 2s, per dozen 4.B5
Tomatoes, Allen & "Lewis, tVi, Solid Pack, per dozen 1.33
Tomatoes. Standard. '2 Hs, per dozen v mi
Tomatoes, J. H. K. grallon. Solid Pack, per dozen 8.75
Tomatoes, Standard, gallon, per dozen 8.00
Tomatoes. Allen & "Lewis, gallon. Solid Pack, per dozen . 3.73
Peai, tender melting. Preferred stock, 2s, per dozen 9.1.75
Peas, little srem, Farmslde, per dozen t .10
Peas, Allen A Lewis, per dozen ' I.sn
Peas, extra sifted. Is, Farmslde Brand, Rome, N. Y., per dozen 1.30
Peas, French sifted, Is. Farmslde Brand, Rome, N. T., per dozen.. 1.33
Beans, refugee cut, Farmslde Brand. Rome, N. Y., per dozen 1.50
Beans, refugee. Farmslde Brand. Rome. N. Y., per dozen J.Wt
Beans, French, Farmslde Brand, Rome, N. Y., per dozen 2.30
Beans, tiny gold wax, Farmslde Brand, Rome. N. Y., per dozen.... 1.00
Beans, "Lima, green, Farmslde Brand. Rome, N. Y., per dozen 1.1)0
Pumpkin. Farmslde Brand, Rome, N. Y., per dozen 1.90
Squash, FarmsideBrand, Rome, N. Y.. per dozen 1.00
Beets, Farmslde Brand. Rome. X. Y.. per dozen 1.83
Spinach, Farmslde Brand, Rome, N. Y., per dozen 2.RO
Peaches, dessert yellow. Preferred Stock, 3s, per dozen .'. . 2.73
Peaches, yellow free, Allen & Lewis, 2Hi, per dozen 2.30
Peaches, slice lemon clings, gallons, per dozen , T B.73
Peaches. Clear Brook, 24s, per dozen 1.75
Hawaiian slice pineapples, 2s. 8 slices to the tin, per dozen 2.73
Singapore. 2-lb., tails, per dozen 1.50
Singapore, whole, 3-lb., tails, per dozen 2.83
Singapore, grated, 2-lb., talis, per dozen.... 2.00
Bishop strawberry preserves. 2-lb. tins, "per dozen 2.73
Bishop slice lemon cling preserves, 2-lb. tins, per dozen 2.75
Bishop halves, peach preserves, 2-lb. tins, per dozen 2.75
Bishop Apricot preserves, 2-lb. tins, per dozen 2.73
Bishop fig preserves. 2-lb. tins, per dozen 3.25
Bishop F de X, spiced figs, 18-oz. glass, per dozen 4.20
Bishop F de X. fig preserves, 18-oz. glass, per dozen 4.20
Bishop F de "L raspberry preserves, 18-oz. glass, per dozen 4.20
Bishop F de L Loganberry preserves, 18-oz. glass, per dozen 4.20
Bishop F de "L cherries, 18-oz. glass, per dozen 4.20
Bishop Assorted jellies, 5-lb. tins, each 1.00
Bishop Maraschino cherries, quarts, each 75
Bishop Maraschino cherries, pints, each 50
Preferred Stock Catsup, half pint bottle, per dozen 1 1.03
Preferred Stock Catsup, pint bottle, per dozen 2.60
D. C. BURNS GO.
208-210 Third Street, Between Salmon and Taylor
Phones Main 616; A 1626.
BIG CHORUS REHEARSAL
Three Hundred Sfrngers Practice for
Coming Musical Festival.
It was quite a privilege to sit behind
the scenes yesterday afternoon at the
Helllg Theater and listen to rehearsals
of Max Bruch "Fair Ellen." Goring
Thomas' "Swan and Skylark." and Han
del's "Messiah, tne chorus being the
300 Portland singers who are to appear
with the Chicago Symphony Orchestra
in a series of concerts at the Armory,
at the end of this week. A new soprano
appeared. Miss "Peggy" Boyer, who
shared the honors of the platform with
her father, "William H. Boyer. Mr.
Boyer has drilled the chorus to a high
state of proficiency.
Up to now during the last eight
years at least the largest vocal chorus
that Portland could boaat of did not
number more' than 75 voices, and there
fore it was a new experience to hear
the swelling voldme of sound made by
300 well-trained eingers in chorus.
Among them were noticed principal
professional singers of the city, who
have loyally come forward to help
make & Portland chorus worthy of the
name, and around them were represen
tatives of church choir and singing so
cieties. At first it seemed that the
soprano and contralto sections would
bear on the palm for quick, intelligent
singing, but the tenors and basses got
warmed up after a while, and nobly
sustained themselves as hard-working
chours members. The various voice
parts are well balanced, and the gen
eral ensemble work Is inspiring. The
effect suggests finish and latent
strength, with plenty of reserve power.
No" finer chorus singing has ever been
heard here, and this the big audiences
will be quick to recognize at the vari
ous concerts.
The rehearsal also showed how much
There's
Real
Pleasure
in working with a clear
head and a healthy ap
petite. has helped .thousands of
coffee-doped individuals .
to think and work bet
ter. The change from cof
fee to Postum is easy.
The regular use of
Postum brings its own
reward the solid com- ,
fort of being well!
"There's a Reason"
Postum
real, hard work is necessary before a
chorus is "licked into shape." No
orchetra was present, but Mrs. "Warren
E. Thomas again proved her talent as
piano accompanjst. Another chorus re
hearsal wil! be "held tonight at 8 o'clock
at Eflers Hall, and the most Important
rehearsal of all will occui Wednesday
nigrht at the Armory.
' GetyourM-nrbythesaefcr
in iftckx that bears this name
CndH
BERRYcIS' SUGAR
Then you know you have
sugar that it cluin, dry,
PUKE and BRILLIANT.
MASK ONLY SV
C H. IVCAK RSriNINS CO.
Ait yur Grtetr fir
Apnnv ft Kf ei a m
BUYING LOTS
EVANSTON A LIVELY PLACE YESTERDAY, NOT
" WITHSTANDING THE INCLEMENCY
Choice Property and Extremely Liberal Prices Incline
People to Evanston, the New Tract on the W.-W.
Carline Only Fourteen Minutes' Ride.
A Span ton Agent Will Be
FOUR HUNDRED DOLLARS A LOT AND TEN DOL
LARS A MONTH
When people brave wind and storm
like yesterday to look at property It is
strong: argument that some substantial
inducement must be there to back it
up.
When the Spanton Co. got hold of
Franalon a few days ago they knew
it to be first class, but they were anx
ious for a confirmation of their Judg
ment bv getting the opinion of the
public and It certainly is in favor of
Rr&BMtoB. as was verified yesterday,
for notwithstanding the rain all yes
terday afternoon people Interested In
good, clean cut. legitimate real estate
investments were In Erauton sizing
up Its manv advantages (and they are
not hard to find, for everything that
makes a locality desirable may be
found there "close In." high. rich
soil, good car service, schools,
churches, neighbors and withal from
1100 to J200 cheaper a lot than adjoin
ing property is changing hands for.
Some one asks, then why does the
Ppanton Co. sell E-i ajiiito so low?
Eiroply the old chestnut answer of the
ABOUT
BONDS
The best financial men
of the United States
agree that now is the
time to buy bonds, ,
while they may be
purchased at low
prices, netting the
purchaser a higher
rate of interest. Rail
way bonds, good
enough for securing
loans made by the
National Government,
are good enough for
the investor. Railway
bonds secured mil
lions and millions of
money loaned during
the late financial
stringency. OCEAN
SHORE BONDS pay
5 per cent at par val
ue, $100; pay 5.21 per
cent on the time price,
$96; and pay by2 per
cent on the cash price,
$92. NYou can buy
these bonds in denom
inations of $1D0 each,
at $16 cash and $10,
per month. Every
bond is secured by the
assets of the com
pany, valued at over
$4,500,000, and the in
terest is payable to
you twice a year. If
you can possibly
spare $10 a month,
where can you get as .
good a rate for your
money as this? The
bonds are easily con
vertible into cash
when emergency re
quires, and is thus far
more s a t i s f a c tory
than a savings bank
account or any other
method of investing
that can be named.
Free booklet and am
ple information will
be willingly furnished
to all who will call at
our office.
Room 6, Chamber of
- Commerce.
IN THE RAIN
at Evanston All Day Today.
merchant. "Small profits and quick
sales." The profit made here goes Into
more Portland property and this is re
sold and so on Investors know the
rule. "Good property increases in value
every time it changes hands."
There Isn't a hit of extravagance in
the statement that a $403 lot in
GriHtoa today is worth twice as
much within the year, and $10 a month
Is a very small amount, a little over 30
cents a day and yet this Investment
persisted in will bring ease and com
fort In a few years. Buy a lot and
then build a house and pay for this,
alHo, on Installments.
Yesterday eight lots were sold and
every one was sold to people who are
personally acquainted with realty
values.
Investigate Evanston it may he
truthfullv said. ''Kunnton is a tract
without an argument against it."
Evanaton is on th- "W.-W." car linn
East Twenty-eighth and Francis 14
minutes' ride. The Spanton Company
are the sole agent3. 270 Stark street.
An agent Is also at Evanston.
Couglis.Colds,
b ptaunM Like. H-waSitfis tllr fr
fthtr haTK-M fmtimtfbiffMM attoaft
tesHj to ax to n
Are You
Sick?
Much sickness is due to
a weak nervous system.
rYours may be. If it is,
you cannot get well until
you restore nerve strength
Your nervous system is
nature's power house; the
organs of your body get
their power from it. If
the power is not there, the
action of the organs is
weak, and disease (sick
ness) follows. Dr. Miles'
Nervine cures the sick
because it soothes the
irritated and tired nerves
and gives the system a
chance to recuperate.
Try it, and see if you do
not quickly feel its bene
ficial effect.
"I was given up to dlo by a l-?a.rl-tng
doctor. Got one of Dr. Miles
books and found that Dr. Mills' ICer
vtne fit my case. Prom the very first
done I took I got better. I am better
now tban I have Deen tnr years, and
do all my own work on the farm.
Tbat's what Dr. Miles' Nervine baa
done tor me. and I am glad to recom
mend tt to others."
JOHN JAMES. Riverton, Nebr.
Your druggist tells Dr. Miles' Nerv
ine, and we authorize him to return
?irlce of first bottle, (only) If It falls
a beneot you.
Miles Medical Co., Elkhart, Ind
DON'T USE
STICKY PLASTERS
They cover up the pores of the
skin and prevent the secretion of
poisonous waste matter
from the blood.
loans
intment
Kills the pain quicker than plasters,
increases the secretion of the pores,
warms the affected parts and gives
permanent relief.
Use Sloan's Liniment for Rheu
matism Neuralgia, Pleurisy, I.um
bgo, Stiff Neck, and i'aiu in
Chest or back.
Price, 26c, 50c., ant ft. 00.
Dr. Earl S. Sloan, Boston, Mast.
TRAVELERS' QVTDK.
POKTLAJ.D Kf. "LIGHT POWER CO.
CARS LKAVK.
Ticket Office and Waiting-Room.
First and Alder Street
FOB
Oregon City i. .6:30 A M.. and
very 30 minute to and Including 9 r.
M.. than 10. 11 M.; laat car 12 mld
Dlght. Greaham, Borlne, Ensle Creek. Esta
.d7 Cazadero. iairview and IrouUIala
8:15!l"lS A. M.. 1:15. 3:4S ;ia.
1:26 P. at.
IOR TASCOCVER.
Ticket offlca and waltine-toom Sfteona
and Washington atreata
M 6:15". 6:50, 7:83. 8:0 8:35.
10. 9:50, 10:30. 11:10. 11 JO.
" p 5t12:30. 1:10. 1:50. S 30. 3:10.
-50 4 SO. 6:10. 5:50. 6:30. 7:05, T:0,
lis. 8:23. 10:35t. ll:45t
On Third Monday In Every Month thai
Tjl.t Car Learea at 3:05 l: Ja
Daily axcapt Sunday. tOally except
Mondav .
CANADIAN PACIFIC
Empress Line of the Atlantic.
LESSJHAN FOUR DAYS ATSEA
Ti,. Empresses sail from Quebec to Liver
' six Ms; two clays nn the majestic.
St Lawrence. " speed, comfort, elegance and
sa'-vty are combined in these splendid ex
nr.as stcimcrs. Write tor pat titular.
3 ' R. JOHNSON, rasa. -st.. 113 Third
St., I'ortland, Or
North Pacific S. S. Co's. Steamship
Roanoke and Geo. W. Elder
Sail lor .iiiek.a, ban i'rancisco and
Los Angeles direct every Thursday
at 8 P. M. Ticket office 132 Third
St., near Alder. Both phone, U.
1314. H. Young, Agent.
SAN r'RANfl-jf O PORTLAND
sri;A.Hii CO.
From Ain:.worth I'oek, Portland.
9S "Roe ll,v." April 10, 4 I. M.
s "senator,'' April 18. 9 A. J I. and a
tjsvlilnar 9 A. M. "tifery Siilurday Thereafter.
Krom ppear St.. San Krancleo. Jl A. .1
BK "Senator." April II. 25. May 9. Kte.
S.s" "KiM! ity," April 18. May " '6. LU.
J. V. HANSOM. Agent.
Phone Main lies. Ainsworth Dock.
I1T1
mm
ng
u
COOS BAY LINE
The tecmer BREAKWATER leavei Port
land every We-dnetKhtr at 1. M. fiom Oak
street dock, toe Nona lieud. MarbbHetd and
Cooa Bay points Kreitht received tlil -I p.
H. on day of ealUns. P&ss-tcger fart, flrit
class, $10; second-class, H. including berth
and null Inquire -city ticket office. Third
and Washington streets, or Oak-street dock
f